01/10/2001
To Whom It May Concern:
The "price/size/time" algorithm should be eliminated. This algorithm will allow
larger-sized orders to trade ahead of investors who were the first to quote at
the best price. It will reduce investors' incentives to post orders
that reduce spreads.
Thank you,
Steven Suss
Chief Financial Officer
Westway Capital LLC
301 Riverside Avenue
Westport, CT 06880
steve@westwaycapital.com
203-291-6856
203-291-6871 (fax)